AUZ 16.7% 1.4¢ australian mines limited

Ann: Annual Report to shareholders, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,833 Posts.
    lightbulb Created with Sketch. 15651
    Ya nothing much doing here.....LOL Just a 20% gain over the last couple of day's - back up to the levels of the previous Capital Raise Pricing of 2.9 cents.....tongue.png

    Looks like Top 20 in total % terms has remained pretty much unchanged at 20.24 % compared to 22.22 % from 2018. That's a leakage from the top 20 of a total of 89,630,367 shares which has mainly resulted in the loss of both National Nominees as well as Pershing with their combined holdings of 3.3% in 2018.

    So while the %'s distributions have adjusted accordingly , the beauty is that we see an increase in ' absolute ' share holdings from the other Top 20 Institutional holders with JP Morgan Nominees having increased their holding from 77,626,389 (2.86% ) to 80,065,608 ( 2.32 % ) -CITICORP NOMINEES PTY LIMITED 59,106,150 ( 1.72% ) from 42,944,264 ( 1.58 % ) - BNP PARIBAS NOMINEES PTY LTD increasing their holdings to 49,568,916 ( 1.44 % ) from 31,263,753 ( 1.15% ) , and HSBC CUSTODY NOMINEES to 41,955,577 ( 1.22 % ) from 29,922,732 (1.10 %) in 2018.

    And this is exactly the support you want from your ' cornerstone ' Institutional Top 20 ........Full and / or continued participation in each and every Capital Raise the company asks of them. And IMO as a shareholder , I don't believe you can ask anymore that just that......and it still leaves plenty of room for the ' Smaller ' shareholders to fulfill the full benefits of the potential upside of the SP in line with the 'olde ' 80 /20 rule.......biggrin.png

 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.